{"id":48740,"date":"2021-07-26T15:40:19","date_gmt":"2021-07-26T11:40:19","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=48740"},"modified":"2021-07-26T15:40:21","modified_gmt":"2021-07-26T11:40:21","slug":"gold-rising-supported-by-lower-yields-and-virus-fears","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gold-rising-supported-by-lower-yields-and-virus-fears\/07\/26\/market-updates\/","title":{"rendered":"Gold Rising Supported by Lower Yields And Virus Fears"},"content":{"rendered":"\n<p>Gold prices surged, boosted by lower US bond yields and worries about higher delta infections, as investors look ahead to this week&#8217;s fed meeting.<\/p>\n\n\n\n<p>Spot gold rose 0.3% to $1,806.80 an ounce. And US gold futures rose 0.3% to $ 1806.70.<\/p>\n\n\n\n<p>The rise in Covid-19 infections continued at the weekend, as a number of countries in Asia and Europe struggled to control the outbreak of the most contagious mutated delta strain.<\/p>\n\n\n\n<p>The yields on the benchmark 10-year Treasury bonds have fallen, reducing the opportunity cost of holding the non-yielding yellow metal.<\/p>\n\n\n\n<p>Meanwhile, Asian stocks fell to their lowest levels since the beginning of this year as concerns about tightening regulations led to a decline in Chinese stocks, pushing investors towards safe haven assets such as gold.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices surged, boosted by lower US bond yields and worries about higher delta infections, as investors look ahead to this week&#8217;s fed meeting. Spot gold rose 0.3% to $1,806.80 an ounce. And US gold futures rose 0.3% to $ 1806.70. The rise in Covid-19 infections continued at the weekend, as a number of countries &hellip;<\/p>\n","protected":false},"author":9,"featured_media":40118,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,36],"tags":[6874],"class_list":["post-48740","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-market-updates","tag-gold"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48740","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=48740"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48740\/revisions"}],"predecessor-version":[{"id":48741,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48740\/revisions\/48741"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/40118"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=48740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=48740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=48740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}